Colombia: Dry Bean Market 2020

Dry Bean Market Size in Colombia

The revenue of the dry bean market in Colombia amounted to $X in 2017, going down by -X% against the previous year. Overall, dry bean consumption continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2013, when market value increased by X% against the previous year. Over the period under review, the dry bean market attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Dry Bean Production in Colombia

Dry bean production in Colombia totaled X tons in 2017, remaining relatively unchanged against the previous year. In general, dry bean production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. Colombia dry bean production peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level. Dry bean output in Colombia indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average yield of beans (dry) in Colombia amounted to X ton per ha, leveling off at the previous year. Overall, dry bean yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. Over the period under review, the dry bean yield reached its maximum level of X ton per ha in 2014; however, from 2015 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of beans (dry) were harvested in Colombia; approximately reflecting the previous year. Overall, dry bean harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when harvested area increased by X% y-o-y. Colombia dry bean harvested area peaked of X ha in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Dry Bean Exports from Colombia

In 2017, approx. X tons of beans (dry) were exported from Colombia; dropping by -X% against the previous year. Overall, dry bean exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016, when exports increased by X% y-o-y. Over the period under review, the dry bean exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, dry bean exports stood at $X in 2017. In general, dry bean exports continue to indicate a drastic decline. Colombia exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Dry Bean Exports by Country from Colombia

In 2017, Myanmar (X tons), distantly followed by China (X tons), the U.S. (X tons), Argentina (X tons) and Canada (X tons) were the main exporters of beans (dry), together comprising X% of total exports. Brazil (X tons), Ethiopia (X tons), Egypt (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest dry bean markets worldwide were Myanmar ($X), China ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Argentina, Canada, Egypt, Ethiopia, Brazil, the UK and Colombia, which together accounted for a further X%.

Egypt (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in Colombia

In 2017, the dry bean export price in Colombia amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% against the previous year. In that year, the export prices for beans (dry) attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports into Colombia

Dry bean imports into Colombia amounted to X tons in 2017, reducing by -X% against the previous year. Overall, dry bean imports continue to indicate a deep drop. The growth pace was the most rapid in 2015, when it surged by X% year-to-year. Colombia imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, dry bean imports totaled $X in 2017. In general, dry bean imports continue to indicate a temperate downturn. Over the period under review, the dry bean imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Dry Bean Imports by Country into Colombia

In 2017, India (X tons), followed by China (X tons), Mexico (X tons) and Pakistan (X tons) were the main importers of beans (dry), together generating X% of total imports. Angola (X tons), Brazil (X tons), the U.S. (X tons), Vietnam (X tons), the Philippines (X tons), the UK (X tons), Kenya (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into Colombia, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India totaled +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in Colombia

The dry bean import price in Colombia stood at $X per ton in 2017, shrinking by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the import prices for beans (dry) attained its maximum level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform